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This Is What Whales Are Betting On ASML Holding
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This Is What Whales Are Betting On ASML Holding
Oct 22, 2024 12:45 PM

Deep-pocketed investors have adopted a bearish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 183 extraordinary options activities for ASML Holding ( ASML ). This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 37% leaning bullish and 46% bearish. Among these notable options, 75 are puts, totaling $6,644,510, and 108 are calls, amounting to $5,503,935.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $330.0 and $1170.0 for ASML Holding ( ASML ), spanning the last three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ASML Holding's ( ASML ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ASML Holding's ( ASML ) substantial trades, within a strike price spectrum from $330.0 to $1170.0 over the preceding 30 days.

ASML Holding Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ASML ( ASML ) PUT TRADE NEUTRAL 11/15/24 $46.7 $46.0 $46.4 $740.00 $464.0K 271 102
ASML ( ASML ) CALL TRADE BEARISH 03/21/25 $27.6 $26.7 $26.7 $860.00 $178.8K 116 0
ASML ( ASML ) PUT SWEEP NEUTRAL 01/17/25 $23.6 $23.3 $23.45 $650.00 $128.9K 97 155
ASML ( ASML ) PUT SWEEP BULLISH 04/17/25 $75.0 $74.4 $74.4 $720.00 $126.4K 117 30
ASML ( ASML ) CALL SWEEP BULLISH 10/25/24 $18.3 $17.6 $18.3 $700.00 $91.5K 371 177

About ASML Holding

ASML ( ASML ) is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML ( ASML ) outsources the manufacturing of most of its parts, acting like an assembler. ASML's ( ASML ) main clients are TSMC, Samsung, and Intel.

Following our analysis of the options activities associated with ASML Holding ( ASML ), we pivot to a closer look at the company's own performance.

Present Market Standing of ASML Holding

Trading volume stands at 1,682,672, with ASML's ( ASML ) price down by -1.57%, positioned at $711.92.

RSI indicators show the stock to be may be approaching oversold.

Earnings announcement expected in 93 days.

What Analysts Are Saying About ASML Holding

5 market experts have recently issued ratings for this stock, with a consensus target price of $992.0.

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* Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $1148.

* An analyst from JP Morgan has decided to maintain their Overweight rating on ASML Holding ( ASML ), which currently sits at a price target of $1207.

* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $790.

* An analyst from Bernstein persists with their Outperform rating on ASML Holding ( ASML ), maintaining a target price of $815.

* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $1000.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest ASML Holding ( ASML ) options trades with real-time alerts from Benzinga Pro.

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